Homework Answers
| CALCULAITON OF TOTAL COST IN PRODUCTION UPTO OCTONER AND COST PER UNIT | ||
| Materials | Conversion | |
| Work in Process , October 1 | $ 50,000 | $ 7,500 |
| Cost Added in October | $ 1,30,000 | $ 22,500 |
| Total Cost | $ 1,80,000 | $ 30,000 |
| Divide by Uquivalent units for October | 40000 | 15000 |
| Unit Production Cost Per Unit | $ 4.50 | $ 2.00 |
| Answer = Option 4 | ||
| $ 4.50 Material Cost per unit and $ 2.00 Conversion cost per unit | ||
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